Mears Group PLC 15.4% Potential Upside Indicated by Jefferies International

Broker Ratings

Mears Group PLC with EPIC/TICKER (LON:MER) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ today by analysts at Jefferies International. Mears Group PLC are listed in the Industrials sector within UK Main Market. Jefferies International have set a target price of 300 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.4% from the opening price of 260 GBX. Over the last 30 and 90 trading days the company share price has increased 5 points and increased 31 points respectively. The 52 week high share price is 400 GBX while the year low stock price is currently 220 GBX.

Mears Group PLC has a 50 day moving average of 264.17 GBX and a 200 day moving average of 286.94. There are currently 110,490,459 shares in issue with the average daily volume traded being 88,856. Market capitalisation for LON:MER is £293,904,620 GBP.

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